Business Wire

Lineage Logistics Announces its First Cold Storage Facility to Produce 100% of its Energy Consumption On-Site

Share

Lineage Logistics, LLC, the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced the installation of groundbreaking clean energy advancements at its facility in Colton, CA to establish the first facility in the Lineage network to generate 100% of its energy consumption on-site.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211110005987/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

(Photo: Business Wire)

This announcement comes in tandem with Lineage’s commitment to becoming net-zero carbon by 2040 as a signatory of The Climate Pledge, representing the Company’s industry-leading charge for a more sustainable cold chain.

Aligned with President Biden’s announcement on October 13, 2021 to invest in a secure and sustainable supply chain in the United States, Lineage has installed a 3.3MW solar array and 460kW of linear generators at its Colton Agua Mansa facility in California’s Inland Empire that, combined, will produce 100% of the facility’s energy consumption on a net basis. These advancements are indicative of Lineage’s continued prioritization of energy reduction, which started with the introduction of the Company’s responsible energy reduction roadmap in 2015.

“Lineage always strives to be responsible leaders in the communities where we live and work, and our commitment to advancing the future of renewable energy at our locations is no exception,” said Chris Thurston, head of renewable energy projects for Lineage. “Lineage is already a model for the industry with our innovative development and deployment of industry-leading technologies. Responsibly creating our own energy is an important sustainability milestone, and I am excited to see how this achievement further inspires our commitment to carbon neutrality by 2040.”

Lineage partnered with PowerFlex, a national provider of renewable energy infrastructure, to install the rooftop solar array in Colton – the second largest solar array in the Company’s leading global network of temperature-controlled warehouses. The facility has 8,426 individual solar panels that will generate an estimated 5.4 million kilowatt-hours (kWh) of clean energy annually. The Colton array is one of several onsite solar installations that PowerFlex is supporting across Lineage’s distribution centers in the United States.

“As Lineage’s long-term partner in renewable energy, we are incredibly proud to share and help execute their bold vision for impactful solar solutions across their extensive network,” said PowerFlex Director Danny Ptak. “The onsite solar project in Colton demonstrates Lineage’s ongoing commitment to deploying innovative solutions to ensure that its operations are as sustainable as humanly possible.”

The onsite linear generators, a new technology launched in March by Mainspring Energy, create electricity using a low-temperature reaction of fuel and air. Distinct from an engine or fuel cell, a linear generator directly converts motion into electricity using chemical or thermal energy. The units ramp up and down usage to enable maximum use of the building’s solar array, ensuring reliability and optimal use of renewable power at all times. This increases the site’s resiliency by reducing grid dependency and lowers operating costs. Lineage’s Colton location is the first facility in the world with two linear generators, and the first of its kind to integrate a linear generator with solar panels. The two generators were installed in October.

“Commercial and industrial buildings account for more than a third of electricity usage in the United States and play an essential role in the energy transition,” said Mainspring CEO Shannon Miller. “Mainspring designed the linear generator to accelerate this transition by delivering resilient, sustainable, and affordable generation that is also ideal for pairing with solar and other renewables. We are proud to partner with Lineage, an industry leader and pioneer in deploying innovative energy technologies.”

In December 2020, Lineage’s increased its commitment to energy reduction by implementing new and innovative technologies. In 2021, Lineage was recognized by the United States Department of Energy for Outstanding Accomplishments in Energy Efficiency for the third year in a row and the Department of Energy’s Better Plants Challenge with a commitment to reduce energy intensity by 25% by 2024.

About Lineage Logistics

Lineage Logistics is the world’s largest temperature-controlled industrial REIT and logistics solutions provider. It has a global network of over 400 strategically located facilities totaling over 2 billion cubic feet of capacity which spans 19 countries across North America, Europe and Asia-Pacific. Lineage’s industry-leading expertise in end-to-end logistical solutions, its unrivaled real estate network, and development and deployment of innovative technology help increase distribution efficiency, advance sustainability, minimize supply chain waste, and most importantly, as a Visionary Partner of Feeding America, help feed the world. In recognition of the company’s leading innovations and sustainability initiatives, Lineage was listed as No. 17 in the 2021 CNBC Disruptor 50 list, the No 1. Data Science company, and 23rd overall, on Fast Company’s 2019 list of The World’s Most Innovative Companies, in addition to being included on Fortune’s Change The World list in 2020. (www.lineagelogistics.com)

About PowerFlex

PowerFlex delivers commercial and industrial customers a full range of turnkey clean energy solutions: solar, storage, smart EV charging, microgrids, and energy management systems. The Company was founded in 2017 by a Caltech research group who developed a patented Adaptive Load Management (ALM) technology to optimize power consumption across a large network of charging stations. PowerFlex Systems was acquired by EDF Renewables North America in 2019, and consolidated with EnterSolar, a leading commercial solar developer, in 2021 to expand its onsite solar offerings. For more information, visit www.powerflex.com.

About Mainspring Energy

Driven by its vision of the affordable, reliable, net-zero carbon grid of the future, Mainspring is delivering a new category of power generation — the linear generator — that delivers onsite, dispatchable, fuel-flexible power at low cost. Based in Menlo Park, Calif., Mainspring is backed by top-tier venture, strategic, and financial investors. www.mainspringenergy.com.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Lineage Logistics
Megan Hendricksen
949.247.5172
mhendricksen@lineagelogistics.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

ReNAgade Therapeutics Continues Commitment to GanNA Bio and Glycan Biology27.4.2024 03:09:00 EEST | Press release

ReNAgade Therapeutics, a company unlocking the limitless potential for RNA medicines, today announced its ongoing commitment to exploring the therapeutic opportunity of glycobiology through support for ongoing research at GanNA Bio, and the integration of key individuals of GanNA Bio into the ReNAgade ecosystem. GanNA founders Carolyn Bertozzi, Ph.D., and Richard D. Cummings, Ph.D, will now serve as advisors to ReNAgade. “ReNAgade will continue to benefit tremendously from GanNA’s promising work in developing extra-hepatic delivery technology that helps expand the breadth and potential of our own RNA medicines,” said Brian Goodman, Co-founder of ReNAgade. “Delivery is foundational to ReNAgade’s mission to overcome the current limitations of RNA medicines. We believe the technology developed within GanNA will help further solidify ReNAgade’s leadership position as we continue advancing our unique, integrated therapeutic platform.” Formed in 2021 and invested in by ReNAgade, GanNA Bio ha

HCLTech Reports FY24 Revenue of $13.3 Billion, up 5.4% YoY26.4.2024 23:06:00 EEST | Press release

HCLTech, a leading global technology company, today reported financial results for the fourth quarter and the full year ended March 31, 2024. The company reported full year revenue of $13.3 billion, up 5.4% YoY. Digital Services revenue grew by 5.3% (CC) and now contributes to 37.3% of IT Services revenue. HCLSoftware’s Annual Recurring Revenue came in at $1.02 billion. During FY24, the company won 73 large deals – 36 in Services and 37 in Software - that translated into TCV (new deal wins) of $9.76 billion, up 10% YoY. For the quarter, revenue came in at $3.43 billion, up 6% YoY. HCLTech won 21 large deals – 13 in Services and eight in Software, with a TCV of $2.29 billion during the quarter. In terms of geographies, Americas was the fastest growing region with 6.8% YoY (CC) growth followed by Europe, which grew by 5.5% YoY (CC). Industry vertical growth was led by Financial Services and Telecommunications, Media, Publishing & Entertainment. While Financial Services grew at 12.1% YoY

Kinaxis Positioned Highest on Ability to Execute in the Gartner® Magic Quadrant™ for Supply Chain Planning Solutions26.4.2024 19:03:00 EEST | Press release

Kinaxis® Inc. (TSX:KXS), a global leader in end-to-end supply chain orchestration, today announced it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Supply Chain Planning Solutions. Of the 20 vendors evaluated, Gartner positioned Kinaxis highest on Ability to Execute, marking the company’s 10th consecutive Leaders Quadrant within the report, a complimentary copy of which can be downloaded here. Kinaxis attributes its position to its patented concurrency approach and a proven track record of delivering innovative solutions against the foundation of its leading vision through the use of advanced technology such as AI, ML, and an intuitive user experience. Bolstered by a rich ecosystem of third-party implementation partners, Kinaxis continues to demonstrate that regardless of a customer’s industry, size, or maturity level, the company can be counted on to seamlessly orchestrate supply chain networks end-to-end from strategic planning to last-mile delivery. The recognitio

Vertex Announces European Commission Approval for KALYDECO® to Treat Infants With Cystic Fibrosis Ages 1 Month and Older26.4.2024 18:43:00 EEST | Press release

Vertex Pharmaceuticals (Nasdaq: VRTX) today announced that the European Commission has granted approval for the label expansion of KALYDECO® (ivacaftor) for the treatment of infants down to 1 month of age with cystic fibrosis (CF) who have one of the following mutations in the cystic fibrosis transmembrane conductance regulator (CFTR) gene: R117H, G551D, G1244E, G1349D, G178R, G551S, S1251N, S1255P, S549N or S549R. “Today’s approval is an important milestone for the cystic fibrosis community. Treating CF early in life can potentially slow the progression of the disease, which is why it is so important to start treatment from a very young age,” said Carmen Bozic, M.D., Executive Vice President, Global Medicines Development and Medical Affairs, and Chief Medical Officer, Vertex. As a result of existing access agreements in Austria, Czech Republic, Denmark, Ireland, Norway, Sweden, and The Netherlands, eligible patients will have access to the expanded indication of KALYDECO® (ivacaftor)

Suzano 2023 annual report on Form 20-F26.4.2024 18:22:00 EEST | Press release

Suzano S.A. (B3: SUZB3 | NYSE: SUZ) informs that its 2023 Annual Report on Form 20-F was filed today with the U.S. Securities and Exchange Commission. Holders of the Company’s equity securities can receive hard copies of the Annual Report, including its audited financial statements, without charge by request directed to: ri@suzano.com.br. This document is also available on Suzano’s website (http://ir.suzano.com.br/). For further information, please contact our Investor Relations Department: Phone: (+55 11) 3503-9330 E-mail: ri@suzano.com.br View source version on businesswire.com: https://www.businesswire.com/news/home/20240426289818/en/ Contact information Hawthorn Advisors suzano@hawthornadvisors.com

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
HiddenA line styled icon from Orion Icon Library.Eye